BTC Still On Track to Follow Gold Towards $200-400k per BTC
I posted another chart in 2018 that was similar to this in where I think over the next 10 years we follow the same trajectory as Gold. It's been a while since I've posted any ideas publicly, but this is one I want to hold myself accountable to as I feel strongly about it. Fractals and history do repeat themselves and people always say BTC is the new gold, whether that is true or not there is no doubt we are seeing similarities in their parabolic move up. 2008 was a massive pullback before gold absolutely exploded due to quantitative easing. There is fear in the air now and all commodities including tech is crashing on the basis of a global meltdown given fiat currencies and global money supply glut. Once the world realizes their local currencies are no longer viable they will look to hold the global reserve, the US Dollar. Because of the shortage of dollars given demand they will look to other venues. Everyone always looks at the short term, but if I was to tell you in January of 2018 that BTC would be going to 
65K in 4 years everyone would have laughed. This could be the last pullback before a multi-year parabolic move into a new paradigm of currency, or should I say rebasement of currency. Right or wrong, this is just another "obituary story" for BTC for the books (I believe this is the 340th death of BTC).
Just remember how foolish you were yet again to wait for BTC to hit 10K and not DCA in while having about 3-5 days to pile in as much as you wanted and letting others create FUD around you stiring your emotions in the short term. Retail will yet again be a buyer once we are back to 40k+ like nothing had happened. Institutions have waited for this day for over 1.5 years and I'm sure are taking positions now that their strategy allows them to.
65K in 4 years everyone would have laughed. This could be the last pullback before a multi-year parabolic move into a new paradigm of currency, or should I say rebasement of currency. Right or wrong, this is just another "obituary story" for BTC for the books (I believe this is the 340th death of BTC). Just remember how foolish you were yet again to wait for BTC to hit 10K and not DCA in while having about 3-5 days to pile in as much as you wanted and letting others create FUD around you stiring your emotions in the short term. Retail will yet again be a buyer once we are back to 40k+ like nothing had happened. Institutions have waited for this day for over 1.5 years and I'm sure are taking positions now that their strategy allows them to.
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